By Gold and Silver Prices Surge: Gold’s prices are soaring, reaching unprecedented levels day by day. The past few days have witnessed a remarkable surge in gold prices, setting new records. This surge can be attributed to the escalating demand for precious metals in the global market, resulting in a corresponding increase in domestic gold’s prices. Over the last ten days alone, gold prices have surged by over 2 thousand units.
Market analysts predict a continuation of this upward trend, indicating a possibility of further increases in the foreseeable future. Jewelers echo this sentiment, citing factors such as the ongoing wedding season and a substantial rise in investments as contributing factors likely to drive gold’s prices even higher. Despite this surge in gold prices, silver prices have remained relatively stable.
Today’s Gold Price Update: Stability Continues for Gold and Silver
As of the morning of Sunday, March 17, 2024, the prices stand as follows:
- 22-carat gold: Rs. 60,590 for ten grams
- 24-carat gold: Rs. 66,100 for ten grams
- Silver: Rs. 77,300 per kilogram
Let’s delve into the gold’s and silver prices across major cities:
- Delhi:
- 22 carats: Rs. 60,590
- 24 carats: Rs. 66,100
- Mumbai:
- 22 carats: Rs. 60,590
- 24 carats: Rs. 66,100
- Chennai:
- 22 carats: Rs. 61,150
- 24 carats: Rs. 66,710
- Bangalore:
- 22 carats: Rs. 60,590
- 24 carats: Rs. 66,100
- Kerala:
- 22 carats: Rs. 60,590
- 24 carats: Rs. 66,100
- Hyderabad:
- 22 carats: Rs. 60,590
- 24 carats: Rs. 66,100
- Vijayawada and Visakhapatnam:
- 22 carats: Rs. 60,590
- 24 carats: Rs. 66,100
Moving on to silver prices across various cities:
- Delhi: Rs. 77,300 per kg
- Mumbai: Rs. 77,300 per kg
- Chennai: Rs. 80,300 per kg
- Bangalore: Rs. 76,100 per kg
- Kolkata: Rs. 76,900 per kg
- Kerala: Rs. 80,300 per kg
- Hyderabad: Rs. 80,300 per kg
- Vijayawada: Rs. 80,300 per kg
- Visakhapatnam: Rs. 80,300 per kg
Overall, the trend indicates a significant surge in both gold and silver prices, reflecting the current market dynamics and investor sentiments.
